280
280
Dec 7, 2012
12/12
by
KQED
tv
eye 280
favorite 0
quote 0
struggle to avert the fiscal cliff. i'm judy woodruff. >> brown: and i'm jeffrey brown. "washington week" can be seen later this evening on most pbs stations. we'll see you online and again here monday evening. have a nice weekend. thank you and good night. major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy productive life. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org >> this is "bbc world news america." funding of this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu, newman's own found
struggle to avert the fiscal cliff. i'm judy woodruff. >> brown: and i'm jeffrey brown. "washington week" can be seen later this evening on most pbs stations. we'll see you online and again here monday evening. have a nice weekend. thank you and good night. major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all...
221
221
Dec 7, 2012
12/12
by
FOXNEWSW
tv
eye 221
favorite 0
quote 1
house of representatives speaker boehner says there is in progress in talks to avoid the fiscal cliff. four days after the g.o.p. laid out their proposal, speaker boehner said the white house has to have an offer. the deadline is now 25 days away. the president says there will not be progress until the republicans can agree the wealthiest americans must pay more taxes because it is going to hand. if it doesn't happen he will veto it. mike, the speaker boehner sounded, publicly, sounding frustrateing. >>reporter: he accused the president of slow walking the economy right to the edge of the fiscal cliff and says if the president got the tax increase he wants the country would be facing trillion dollar deficits. >> this isn't a progress report because there is in progress to report. when it comes to the fiscal cliff threatening our economy and jobs the white house has wasted another week. >>reporter: he calls officials saying they are ready to go over the trip. >>shepard: democrats insist that revenue, revenue, revenue is the key. >>guest: president obama campaigned on it and obviously w
house of representatives speaker boehner says there is in progress in talks to avoid the fiscal cliff. four days after the g.o.p. laid out their proposal, speaker boehner said the white house has to have an offer. the deadline is now 25 days away. the president says there will not be progress until the republicans can agree the wealthiest americans must pay more taxes because it is going to hand. if it doesn't happen he will veto it. mike, the speaker boehner sounded, publicly, sounding...
257
257
Dec 7, 2012
12/12
by
CSPAN2
tv
eye 257
favorite 0
quote 0
now we can talk about the fiscal cliff. [laughter] let me start off just by, what we will do chris, we will do the house rules and cut in half. in 30 seconds and then we will have time to elaborate on all of this. i just want to go through the panel. what do you think the odds are that some kind of appeal will be cut by january 1 in order to avoid sequestration? mark, i will start with you. >> i think it's 80% that we will avoid sequestration. the question is though, is this going to be a big enough deal and will it actually be the down payment that will lead to something else? it will actually avoid the consequences. that percentage would be lower than the 80%. >> let's come back to the big picture. just in the short-term by january 1, will we avoid the cliff? >> i think it's likely that we will avoid it. it's so easy for us just to do what we need to do. i think the real line in the sand is -- and i have said that for a long time. i think that is one hopefully by that time we will have real entitlement reform which will b
now we can talk about the fiscal cliff. [laughter] let me start off just by, what we will do chris, we will do the house rules and cut in half. in 30 seconds and then we will have time to elaborate on all of this. i just want to go through the panel. what do you think the odds are that some kind of appeal will be cut by january 1 in order to avoid sequestration? mark, i will start with you. >> i think it's 80% that we will avoid sequestration. the question is though, is this going to be a...
212
212
Dec 7, 2012
12/12
by
KTVU
tv
eye 212
favorite 0
quote 1
when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week -- another week. >> reporter: there are reports this morning that fiscal cliff negotiations are really between president obama and speaker boehner right now. the speaker said he spoke on the phone with the president yesterday and it was a pleasant conversation. but more of the same. reporting live from washington, d.c., alison burns, ktvu channel 2 news. >>> 8:15. bay area sheriffs may be changing how they deal with suspected illegal immigrants. state attorney general kamala harris recently told the sheriffs they don't have to hold illegal immigrants want to deport them. she said those with serious criminal record -- records should be detained and deported and local departments have to decide how to handle others. >>> police made several arrests at the building where hundreds chose to report >>> the so of netflix may be in trouble for something he put on facebook. back in july, he wrote on his page that netflix employees are enjoying a billion hours of movies a
when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week -- another week. >> reporter: there are reports this morning that fiscal cliff negotiations are really between president obama and speaker boehner right now. the speaker said he spoke on the phone with the president yesterday and it was a pleasant conversation. but more of the same. reporting live from washington, d.c., alison burns, ktvu channel 2 news....
266
266
Dec 7, 2012
12/12
by
KPIX
tv
eye 266
favorite 0
quote 0
a plan to avoid the fiscal cliff. financial experts were on capitol hill yesterday to talk about the negative impact if those automatic tax increases and spending cuts tick in january 1st. meanwhile president obama paid a visit to a northern virginia family who would suffer financially if a deal isn't reached. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the cost involved in very personal terms. >> still the white house says the across the board spending cuts and tax hikes will takes effect if republicans refuse to raise taxes on the wealthiest americans. meanwhile a new survey shows the president's approval rating is at the highest point since the raid that killed osama bin laden. in addition, 42% believe the nation is heading in the right direction. >>> 6:10, a tycoon wanted for murder, how john mcafee ended up in the hospital. >>> a van plows into a jewelry store, narrowly missing the customer, what the driver says cause
a plan to avoid the fiscal cliff. financial experts were on capitol hill yesterday to talk about the negative impact if those automatic tax increases and spending cuts tick in january 1st. meanwhile president obama paid a visit to a northern virginia family who would suffer financially if a deal isn't reached. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the cost involved in very personal...
210
210
Dec 7, 2012
12/12
by
FOXNEWSW
tv
eye 210
favorite 0
quote 0
martha: the fiscal cliff, president obama and house speaker john boehner set to have a face-to-face meeting, one-on-one. we're waiting to hear from speaker boehner in just about 50 minutes away now. we'll bring you that live. bill: also, it has been 40 years, four full decades since the last man stepped on the moon. that was an american. his name is gene cernan. we'll talk to hem this hour. the last person to see the moon's craters up close and personal. >> ♪ i was stroeling on the moon one day, in a merry, merry of month of -- december. >> may, may. ♪ much to my surprise a pair of eyes, -- >> this is a neat way to travel. [ female announcer ] food, meet flavor. flavor, meet food. it's time for swanson flavor boost. concentrated broth in easy to use packets. mix it into skillet dishes, for an instant dose of... hell-o! [ female announcer ] get recipes at flavorboost.com. bill: we now have a verdict for a bus driver on trial for manslaughter. it will be revealed this morning although the verdict was reached yesterday because a juror had to leave the courthouse for a doctor's appointment.
martha: the fiscal cliff, president obama and house speaker john boehner set to have a face-to-face meeting, one-on-one. we're waiting to hear from speaker boehner in just about 50 minutes away now. we'll bring you that live. bill: also, it has been 40 years, four full decades since the last man stepped on the moon. that was an american. his name is gene cernan. we'll talk to hem this hour. the last person to see the moon's craters up close and personal. >> ♪ i was stroeling on the moon...
213
213
Dec 7, 2012
12/12
by
KTVU
tv
eye 213
favorite 0
quote 0
. >>> we are now hearing there may be only two people at the fiscal cliff negotiating table. according to the new york times house speaker john boehner says he wants to negotiate directly with president obama. he has asked that senate leaders and house minority leader nancy pelosi be excluded from future talks. and clearing a negotiating room improves the chances for success. just 25 minutes from now the closely watched monthly unemployment report will be released for november. coming up at 5:15 what economists say the numbers released this morning don't accurately reflect the current jobs market. >>> time now 5:05. reports an oakland church youth group visiting florida today is out of money and their belongings because thieves broke into their van. a group of 24 teenagers and young adults were eating at a restaurant yesterday. about an hour after arriving for a weekend youth conference. they are saying thieves broke into their van, stole $12,000 cash. one member of the group was able to have money wired to them so they at least spent last night in a hotel. there is no word y
. >>> we are now hearing there may be only two people at the fiscal cliff negotiating table. according to the new york times house speaker john boehner says he wants to negotiate directly with president obama. he has asked that senate leaders and house minority leader nancy pelosi be excluded from future talks. and clearing a negotiating room improves the chances for success. just 25 minutes from now the closely watched monthly unemployment report will be released for november. coming...
279
279
Dec 7, 2012
12/12
by
CNBC
tv
eye 279
favorite 0
quote 0
. >>> there's no deal to resolve the fiscal cliff but there are indications of inside-the-scenes talk. the white house told reporters that lines of communication remain open not sure exactly what that means but a spokesman for house speaker john boehner used a similar phrase. maybe that means call me? i don't know. analysts say there are some suggestions that there's real progress that can be made. >>> a 7.3 magnitude earthquake hit the northeastern coast of japan this morning, the same area as the devastating march 2011 quake. but there was a tsunami warning canceled and reports of injuries or damage even though the quake shook buildings. workers at the fukushima nuclear plant were ordered to higher ground as a precaution. >>> our guest host is dan gilbert, he's chairman and founder of quicken loans and the owners of the nba's cleveland cavaliers and among the topics we're ready to talk about dan, the risk of the looming fiscal cliff and the broader economy. we'll start with this morning's other top stories. dan, welcome, great to have you here. >> great to be here. >> we want to fin
. >>> there's no deal to resolve the fiscal cliff but there are indications of inside-the-scenes talk. the white house told reporters that lines of communication remain open not sure exactly what that means but a spokesman for house speaker john boehner used a similar phrase. maybe that means call me? i don't know. analysts say there are some suggestions that there's real progress that can be made. >>> a 7.3 magnitude earthquake hit the northeastern coast of japan this...
243
243
Dec 7, 2012
12/12
by
MSNBCW
tv
eye 243
favorite 0
quote 0
he can cut a deal to avert the fiscal cliff. there has been an epidemic of open-mindedness as republicans try to win minority votes and create a version of their party that can be competitive in states like connecticut and california. the republicans may still blow it. if president obama is flexible and they don't meet him part way, republicans would contribute to a recession that would discredit them for a decade. but they are moving in the right direction and moving fast. these are first steps, and encouraging ones. >> really encouraging. and it's not just what they're saying. it's how they're saying it. eric cantor came on. we've all, i think at times, even i as a conservative, who would vote probably along with eric cantor 99% of the time. saw him at times over the past couple years being a bit more obstructionist than i think was good for the party. i thought i loved his tone the other day. what did he focus on? he focused on jobs, on proving that conservatism actually helped all americans, not 53%, not 47%. and yesterday w
he can cut a deal to avert the fiscal cliff. there has been an epidemic of open-mindedness as republicans try to win minority votes and create a version of their party that can be competitive in states like connecticut and california. the republicans may still blow it. if president obama is flexible and they don't meet him part way, republicans would contribute to a recession that would discredit them for a decade. but they are moving in the right direction and moving fast. these are first...
147
147
Dec 6, 2012
12/12
by
CSPAN
tv
eye 147
favorite 0
quote 0
will be back in session december 17 to deal with the so- called fiscal cliff. he says the house will not adjourn until an agreement is reached. when the house gavels in next week, live coverage c-span. >> and think the writers institute is something that is very important within the culture. we are a culture of words, of voices. words are key to our imagination, our capacity to envision things. we are not completely tied to print on the page. but i think there is no other art form so readily accessible other than perhaps film, which we work with, too. there is something in literature that just captures the human spirit. >> join "booktv," "american history tv" as we look behind the scenes at the history of new york's capital, albany. sunday at 5:00 p.m. on american history tv on c-span 3. >> the joint economic committee today heard from the two economists on how to deal with the fiscal cliff. marchese said tax increases are necessary to reduce the deficit. senator bob casey of pennsylvania chaired the hearing. >> the committee will come to order. we want to than
will be back in session december 17 to deal with the so- called fiscal cliff. he says the house will not adjourn until an agreement is reached. when the house gavels in next week, live coverage c-span. >> and think the writers institute is something that is very important within the culture. we are a culture of words, of voices. words are key to our imagination, our capacity to envision things. we are not completely tied to print on the page. but i think there is no other art form so...
66
66
tv
eye 66
favorite 0
quote 0
with the fiscal cliff pr campaign. he is meeting with a middle class family in northern virginia, and the white house says the president is going to talk about his efforts to extend tax cuts for the middle class as part of this debt deal. well, some economists are predicting that the country will go into another recession if this debt deal is not reached. any deal that the lawmakers and white house come up with is also going to have a major impact, so joining us to talk a little bit about it, peter morrissey. he is a business professor at the university of maryland, and our own chief business xhnt ali velshi. you wrote something, an article here, predicting that these tax hikes, the spending cuts likely in the debt deal, could push unemployment, you believe, from 7.9% all the way to 10%. how so? >> well, simply it will cut spending in the economy. the wealthy will have less money to spend, but the government will likely be spending a lot less money as well because the republicans are going to want spending cuts. you co
with the fiscal cliff pr campaign. he is meeting with a middle class family in northern virginia, and the white house says the president is going to talk about his efforts to extend tax cuts for the middle class as part of this debt deal. well, some economists are predicting that the country will go into another recession if this debt deal is not reached. any deal that the lawmakers and white house come up with is also going to have a major impact, so joining us to talk a little bit about it,...
190
190
Dec 6, 2012
12/12
by
CNNW
tv
eye 190
favorite 0
quote 0
got another 24 hours closer to the edge of the fiscal cliff which is why we have our eyes on the white house press briefing. got a live picture ready for you so we don't miss anything. for what it's worth, president obama and house speaker boehner are talking. they had a nice telephone conversation. that's terrific. the first time in a week but apparently that's the headline. that's the editorial body. not much came out of it that we know of. sources say no real breakthrough. no formal negotiations. sessions are not scheduled. no back channel discussions taking place that anybody knows about at this time and as we wait for the white house briefing to begin, let's bring in wolf blitzer on this topic. there are a couple of polls that are very telling about how americans feel about congress and the president are behaving when it comes to the fiscal cliff. let me read some of these numbers for you. should obama compromise to get things done. 72% say yes. 22% say no. should the gop compromise to get things done. and take a look. 72% say yes. my question for you, wolf, i'm not sure you'll ha
got another 24 hours closer to the edge of the fiscal cliff which is why we have our eyes on the white house press briefing. got a live picture ready for you so we don't miss anything. for what it's worth, president obama and house speaker boehner are talking. they had a nice telephone conversation. that's terrific. the first time in a week but apparently that's the headline. that's the editorial body. not much came out of it that we know of. sources say no real breakthrough. no formal...
85
85
Dec 6, 2012
12/12
by
FOXNEWS
tv
eye 85
favorite 0
quote 0
he was asked flat out is the white house ready to go over the fiscal cliff and boom he says, absolutely, as if that is a good thing. i mean there are defense contractors who are going to be laying off workers, there are all kinds of negative ramifications to all of this. but the white house apparently is ready to take the jump. >> well, they are certainly ready to say it. the republicans have a weaker hand than i thought they would originally have about a couple months ago, but the idea that president obama wants to start his second term by plunging the country into a recession, a huge sell off in the stock market, and by being perceived as generally sort of willing to play chicken with the economy doesn't sound like a brilliant political move to me. jon: you think that's all talk? >> i think it's a game of chicken, i really do. i think that the republicans would probably get a lot of blame in the beginning, and that's maybe what they are thinking of and they are trying to scare the republicans, but over the long term there is just no way this administration wants to go overt fisca over
he was asked flat out is the white house ready to go over the fiscal cliff and boom he says, absolutely, as if that is a good thing. i mean there are defense contractors who are going to be laying off workers, there are all kinds of negative ramifications to all of this. but the white house apparently is ready to take the jump. >> well, they are certainly ready to say it. the republicans have a weaker hand than i thought they would originally have about a couple months ago, but the idea...
355
355
Dec 6, 2012
12/12
by
KPIX
tv
eye 355
favorite 0
quote 0
said the white house is, in fact, ready to go straight over the fiscal cliff. major garrett is at the white house. major, gd morning. >> reporter: good morning, charlie and norah. the president will cross over the potomac into northern virginia to meet with a family who says their taxes don't go up, they'll be happier and spend more money. that's the pr side of this. much more important, the context of the deal, keet players yesterday picked up the phone. phone call relatively brief and substantive. details remain elusive. it was shorter, sources say, to last week's 28-minute conversation described them as curt, direct and frank. no one familiar with this call used such barbed words. it also occurred before treasury secretary tim geithner laid down this harsh fiscal cliff marker. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans. remember, it's only 2%. >> reporter: that danger not enough to keep congress
said the white house is, in fact, ready to go straight over the fiscal cliff. major garrett is at the white house. major, gd morning. >> reporter: good morning, charlie and norah. the president will cross over the potomac into northern virginia to meet with a family who says their taxes don't go up, they'll be happier and spend more money. that's the pr side of this. much more important, the context of the deal, keet players yesterday picked up the phone. phone call relatively brief and...
64
64
tv
eye 64
favorite 0
quote 0
the break comes with 26 days to go until the fiscal cliff deadline and after president obama and house speaker john boehner spoke again by phone but failed to reach a deal. boehner says revenues can be on the table just not in the form of tax hikes on the rich. treasury secretary timothy geithner says that just won't work. >> there's no point to an agreement that involve the rates going up on the top 2% of the wealthy. it's only 2%. >> geithner went on to say that he's fully prepared. the obama administration is fully prepared to go off that fiscal cliff if republicans don't agree to tax hikes on the wealthiest americans. let's bring in congressional correspondent kate bolduan. the white house won't budge on taxes. the republican led house takes a break. can you make sense of this for us? >> i think that's a little above any of our pay grade trying to make sense of it all other than it seems that it's one more fight that we've seen over and over again and we are seeing once again it play out almost as it appears slow motion, carol. you mention the call between speaker boehner and presi
the break comes with 26 days to go until the fiscal cliff deadline and after president obama and house speaker john boehner spoke again by phone but failed to reach a deal. boehner says revenues can be on the table just not in the form of tax hikes on the rich. treasury secretary timothy geithner says that just won't work. >> there's no point to an agreement that involve the rates going up on the top 2% of the wealthy. it's only 2%. >> geithner went on to say that he's fully...
142
142
Dec 6, 2012
12/12
by
WUSA
tv
eye 142
favorite 0
quote 0
said the white house is, in fact, ready to go straight over the fiscal cliff. major garrett is at the white house. major, good morning. >> reporter: good morning, norah and charlie. later on this afternoon the president will travel across the potomac river to northern virginia to meet a middle-class family to make the self-evident point if the there is a deal and taxes are raised by about $2,000 they'll be happier and spend more money. that's the p.r. side of this. much more importantly, for the deal, the two key players yesterday picked up the phone. the phone call relatively brief and substantive, though details remain illusive. shorter, sources say. the last week 28-minute conversation described then as curt, direct and frank. no one with this call used such barbed words and occurred before treasury secretary tim geithner laid down this harsh fiscal cliff marker. >> if the administration, are they prepared to go over the fiscal cliff? >> absolutely. no prospect or agreement that doesn't involve those rates going on on the top 2%. remember, only 2%. >> report
said the white house is, in fact, ready to go straight over the fiscal cliff. major garrett is at the white house. major, good morning. >> reporter: good morning, norah and charlie. later on this afternoon the president will travel across the potomac river to northern virginia to meet a middle-class family to make the self-evident point if the there is a deal and taxes are raised by about $2,000 they'll be happier and spend more money. that's the p.r. side of this. much more importantly,...
106
106
Dec 6, 2012
12/12
by
CSPAN
tv
eye 106
favorite 0
quote 0
host: armstong williams, how do you see the fiscal cliff negotiations going? where do you see them going? guest: there is no doubt that the president signaled yesterday in his conversation to the speaker of the house, and no matter what the drumbeats of the politicians and activists may say to the media, there is no question he is committed to resolving this issue. you cannot resolve this issue bringing people back to certainty or to help business owners understand the liabilities they will face on january 1, 2013. there is no question that the president and the speaker will come to a compromise. back during the days of former president lyndon baines johnson and the senator leader at the time, some of the issues that are going on -- i will never forget when dirkson was talking to the president, and the president said we should meet this evening. the senator said i think we have reached our wit's end. johnson left the white house and met with the senator to show his commitment and said this is what we have to do. as a result of that meeting, they came to some d
host: armstong williams, how do you see the fiscal cliff negotiations going? where do you see them going? guest: there is no doubt that the president signaled yesterday in his conversation to the speaker of the house, and no matter what the drumbeats of the politicians and activists may say to the media, there is no question he is committed to resolving this issue. you cannot resolve this issue bringing people back to certainty or to help business owners understand the liabilities they will...
112
112
Dec 6, 2012
12/12
by
CNNW
tv
eye 112
favorite 0
quote 0
cliff discussions. only 28% said they would behave like responsible adults. tonight, signs that maybe some adult behavior might be prevail. and a compromise might be reached. joining me now live is senior white house correspondent dana bash, jessica yellin and david gergen. what's the latest? what are you hearing? >> reporter: they are a long way from a deal. but late today speaker boehner and president obama did speak to one another on the phone. now, this is an important development because it's the first time they've talked in a week about the fiscal cliff. i am told, though, that there was no real progress in negotiations. in this sense there was no breakthrough on that central point of tax rates. as you know, president obama insists there is no deal unless the gop agrees to raise rates on the top 2% of earners. the gop says that's a nonstarter. and the two men have not moved from that basic position. now, all of this comes at the same time treasury secretary geithner also said for the first time th
cliff discussions. only 28% said they would behave like responsible adults. tonight, signs that maybe some adult behavior might be prevail. and a compromise might be reached. joining me now live is senior white house correspondent dana bash, jessica yellin and david gergen. what's the latest? what are you hearing? >> reporter: they are a long way from a deal. but late today speaker boehner and president obama did speak to one another on the phone. now, this is an important development...
112
112
Dec 6, 2012
12/12
by
CNNW
tv
eye 112
favorite 0
quote 0
is just what washington needs to crack thehole fiscal cliff thing wide-open. all i'm saying is i think h the power to bring people together simpson style. that's it for us. thanks for watching. erin burnett out front starts now. >>> "outfront" next, 27 days away from the fiscal cliff. things are getting silly. octogenarians doing gangnam style. plus, what the united states is anning to do if assad uses chemical weapons against his own people. and 24-year-old amy copeland contracted a deadly flesh eating disease in may. doctors gave her a 1% chance of "outfront" to talk about it. let's go "outfront." tonight, gangnam style. yep, this is how one man sees the fiscal cliff and it's a pretty important man. this is alan simpson. ♪ yep. that maybe the most action the fiscal cliff saw today. here's the scene on capitol hill at noon. yep, people leaving. members of congress leaving washington, heading home on wednesday afternoon. one man left standing was the house speaker and he says i'm not going anywhere. >> i'll be here and i'll be available at any moment to sit
is just what washington needs to crack thehole fiscal cliff thing wide-open. all i'm saying is i think h the power to bring people together simpson style. that's it for us. thanks for watching. erin burnett out front starts now. >>> "outfront" next, 27 days away from the fiscal cliff. things are getting silly. octogenarians doing gangnam style. plus, what the united states is anning to do if assad uses chemical weapons against his own people. and 24-year-old amy copeland...
105
105
tv
eye 105
favorite 0
quote 0
up next, tax hikes, overspending, uncertainty, fiscal cliff threatening the economy, but maybe not? we take it all up with moody's iefonomist, and deuche bank senior economist here next. stay with us. with the spark cash card from capital one, olaf gets great rewas for his small business! pizza! [ garth ] olaf's small busins earns 2% cash back on every purchase, ery day! helium delivery. put it on my spark rd! [ pop! ] [ garth ] why settleor less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? we don't let frequent heartburn come between us and what we love. so if you're onef them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur lou: you know, it may surprise some that december is historically the strongest month for investors. the s&00 posting gains in december,
up next, tax hikes, overspending, uncertainty, fiscal cliff threatening the economy, but maybe not? we take it all up with moody's iefonomist, and deuche bank senior economist here next. stay with us. with the spark cash card from capital one, olaf gets great rewas for his small business! pizza! [ garth ] olaf's small busins earns 2% cash back on every purchase, ery day! helium delivery. put it on my spark rd! [ pop! ] [ garth ] why settleor less? great businesses deserve great rewards!...
142
142
tv
eye 142
favorite 0
quote 0
up next, tax hikes, overspending, uncertainty, fiscal cliff threatening the economy, but maybe not? we take it all up with moody's chief economist, and deutsche bank senior economist here next. stay with us. lou: you know, it may surprise some that december is historically the strongest month for investors. the s&p500 posting gains in december, 82% of the time since 1990. it's that 18% that should trouble folks, but are concerns with the fiscal cliff giving investors a reason to be less than optimistic? joining me is john, and carl, senior economist for deutsche bank. gentlemen, thank you for being here. start with the treasury secretary. the man in charge of our treasury is out telling everyone that the administration he works for is a part of is perfectly prepared to go over the fiscal cliff in order to raise a tax rate to 39.6%. does that make any sense to you? are you shocked, surprised? >> well, i guess i'm not surprised given we're in the early stages of the discussion, but for the economists and forecasters out there calling this is the fiscal slope, not a cliff or believe it
up next, tax hikes, overspending, uncertainty, fiscal cliff threatening the economy, but maybe not? we take it all up with moody's chief economist, and deutsche bank senior economist here next. stay with us. lou: you know, it may surprise some that december is historically the strongest month for investors. the s&p500 posting gains in december, 82% of the time since 1990. it's that 18% that should trouble folks, but are concerns with the fiscal cliff giving investors a reason to be less...
35
35
tv
eye 35
favorite 0
quote 0
that maybe the most action the fiscal cliff saw today. here's the scene on capitol hill at noon. yep, people leaving. members of congress leaving washington, heading home on wednesday afternoon. one man left standing was the house speaker and he says i'm not going anywhere. >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >> but of course, it takes two to tango, so where does president obama stand? >> we can probably solve this in about a week. it's not that tough. >> it's not that tough. he's absolutely right about that. but we heard early this evening that the president and speaker boehner did speak late today on the phone, so that's good news, but in this case, they need face time. they need to spend real time face to face. even democrats think the president needs to do more in person work on this. >> the president is not somebody who he's prioritizing evenings with his family instead of going down and having a bourbon on the rocks with some of the congressional folks. >> sometimes though, you need to
that maybe the most action the fiscal cliff saw today. here's the scene on capitol hill at noon. yep, people leaving. members of congress leaving washington, heading home on wednesday afternoon. one man left standing was the house speaker and he says i'm not going anywhere. >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >> but of course, it takes two to tango, so where does president obama stand? >>...
96
96
tv
eye 96
favorite 0
quote 0
melissa: next up the fiscal cliff leads to a housing boom for one of the wealthiest areas in the country. i guess someone has to come out ahead in this whole mess. we'll explain it coming up. you can never have too much beachfront property. ♪ . ♪ >> it is a test ♪ [ engine rs ] >> this is a test [ male announ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local mercedebenz dealer. but when i was in an accident... e350 for $579 a month i was worried e health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. melissa: it is time for a little fun with "spare change." today we are joined with julie he's supposed to be out there right now, but i think he is lost in the building somewhere. so we will start without him. i think he might join us in progress. melissa: to be fair, we did change studios. so it's possible tha
melissa: next up the fiscal cliff leads to a housing boom for one of the wealthiest areas in the country. i guess someone has to come out ahead in this whole mess. we'll explain it coming up. you can never have too much beachfront property. ♪ . ♪ >> it is a test ♪ [ engine rs ] >> this is a test [ male announ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease...
73
73
tv
eye 73
favorite 0
quote 0
when it comes to just pure optics of the house leaving with the fiscal cliff right in front of us -- >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >> in fact, sending lawmakers home is a way for house republicans to illustrate their current message, your move, mr. president. >> we need a response from the white house, we can't negotiate with ourselves. >> john boehner made a point at expressing dismay the president hasn't responded two days after the republicans sent him a fiscal cliff counteroffer. >> if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. and a plan that can pass both chambers of congress. >> by trying to keep gop frustration on the president, boehner appears to be keeping conservative lawmakers off his own back for now. >> what's mood inside the conference. >> very united, very supportive with the speaker. >> multiple sources tell cnn in a private meeting with house republicans, boehner got no flow back for producing
when it comes to just pure optics of the house leaving with the fiscal cliff right in front of us -- >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >> in fact, sending lawmakers home is a way for house republicans to illustrate their current message, your move, mr. president. >> we need a response from the white house, we can't negotiate with ourselves. >> john boehner made a point at...
354
354
Dec 5, 2012
12/12
by
CNNW
tv
eye 354
favorite 0
quote 0
the white house thinks of the debt ceiling as part three of a three-step solution to the fiscal cliff. they are asking that any deal that they cut with the republicans include some mechanism that is a permanent solution to avoid a debt ceiling nightmare, like we had last year. here's what president obama said when he spoke to business ceos about this earlier today. >> i want to send a very clear message to people here, we are not going to play that game next year. if congress in any way suggests that they're going to tie negotiations to debt ceiling votes, and take us to the brink of default once again, as part of a budget negotiation, which, by the way, we have never done in our history, until we did it last year, i will not play that game. because we have got to break that habit before it starts. >> reporter: so just to be very clear, the white house sees this as three steps. a fiscal deal would include, one, some measure that would raise revenue. tax raising. two, a sequester, that's all those budget cuts that are going to kick in, some way to save money through spending cuts, prob
the white house thinks of the debt ceiling as part three of a three-step solution to the fiscal cliff. they are asking that any deal that they cut with the republicans include some mechanism that is a permanent solution to avoid a debt ceiling nightmare, like we had last year. here's what president obama said when he spoke to business ceos about this earlier today. >> i want to send a very clear message to people here, we are not going to play that game next year. if congress in any way...
1,033
1.0K
tv
eye 1,033
favorite 0
quote 0
melissa: as washington is in the middle of this tumultuous fiscal cliff negotiations from a white house looking for more money in the terms of emotions the aid request rebuilding efforts. still willing from super storm sandy here in the northeast. peter barnes in washington with the latest on that effort. speaker according to "the new york times" for white house will be looking for about $50 billion to help rebuild from hurricane sandy. officials testifying declined to comment that number but they did say the white house will be sending in disaster relief bill up to congress by the end of the week. the three hardest hit states: new york, new jersey and connecticut alone are seeking $80 billion in federal help. the administration is teeing up a big request. >> much of the impact of sandy go beyond fema programs. fema's assistance is limited, maximum benefits of individual family could receive is about $31,000 if they have no assurance. others that will not rebuild destroyed or damaged home to did not have insurance. >> woke up to this headline. u.s. denies aid to the maryland storm victi
melissa: as washington is in the middle of this tumultuous fiscal cliff negotiations from a white house looking for more money in the terms of emotions the aid request rebuilding efforts. still willing from super storm sandy here in the northeast. peter barnes in washington with the latest on that effort. speaker according to "the new york times" for white house will be looking for about $50 billion to help rebuild from hurricane sandy. officials testifying declined to comment that...
28
28
tv
eye 28
favorite 0
quote 0
has made a counteroffer to the white house on the fiscal cliff and the endless conversation continues today with president obama giving his first post-election one on one interview here's a snippet i think the issue right away and when will the two of you sit down and around the you know i don't think that the issue right now as you do is sitting in a room. there was plenty of that it throughout the interview but do these twenty four seven deficit debates do you want to undermine perceptions of america and the dollars position in the international monetary system then they do to address the nation's growing debt will discuss uncle sam's exorbitant privilege despite the budget woes and assess the competitive currency landscape plus the dollar fell against other currencies to a six week low this morning according to reuters which cited concerns over a fiscal cliff deal but what does the so-called dollar index really gauge when it comes to the greenback true value will break it down and word of the day and paying people to track the comings and goings of private corporate jets in the big
has made a counteroffer to the white house on the fiscal cliff and the endless conversation continues today with president obama giving his first post-election one on one interview here's a snippet i think the issue right away and when will the two of you sit down and around the you know i don't think that the issue right now as you do is sitting in a room. there was plenty of that it throughout the interview but do these twenty four seven deficit debates do you want to undermine perceptions of...
108
108
Dec 5, 2012
12/12
by
CSPAN2
tv
eye 108
favorite 0
quote 0
tomorrow our joint economic committee will be engaged in a hearing on fiscal cliff issues. we'll discuss strategies to create jobs, we'll discuss the implications of the fiscal cliff, and what happens if we don't get some work done by the house to pass the middle-income tax cut. we have to continue to focus on middle-income families, their lives, their struggles and what we can do to ensure they have more dollars in their pocket to continue economic growth. with that, mr. president, i will yield the floor. and note the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: mr. schumer: mr. president? the presiding officer: the senator from new york. mr. schumer: i ask unanimous consent the quorum call be repealed. the presiding officer: without objection. mr. schumer: thank you, mr. president. first i want to thank my great colleague from pennsylvania, i enjoyed sharing a table last night with him and his beautiful, charming, intelligent wife, who he's lucky he would be the first to admit he's lucky to have married, and their four great girls
tomorrow our joint economic committee will be engaged in a hearing on fiscal cliff issues. we'll discuss strategies to create jobs, we'll discuss the implications of the fiscal cliff, and what happens if we don't get some work done by the house to pass the middle-income tax cut. we have to continue to focus on middle-income families, their lives, their struggles and what we can do to ensure they have more dollars in their pocket to continue economic growth. with that, mr. president, i will...
325
325
Dec 5, 2012
12/12
by
CNNW
tv
eye 325
favorite 0
quote 0
. >> so if the country falls off the fiscal cliff, 90% of all americans are going to feel the pinch. the average american house hoed will see taxes go up by more than $3,400. our next guest went to capitol hill and the white house today to do something about this. kristin, she is one of the co-founders of moms rising, an on-line group that add slow indicates for families. kristen, tell me about your group. you went to the hill today. you have a petition, and you got some teddy bears as well. what's the serious message behind this? >> well, moms rising has more than a million members across the country. moms who care about family economic security and care about our nation, and they sent in stories by the hundreds and hundreds and hundreds about how going off the fiscal cliff would impact them. today we went to congress, and we delivered those stories, in fact, to every member of congress saying don't put us in an un-bear-able situation. don't throw moms and families off a fiscal cliff. we need to act quickly to fix this situation for women and families and to end the bush era tax cut
. >> so if the country falls off the fiscal cliff, 90% of all americans are going to feel the pinch. the average american house hoed will see taxes go up by more than $3,400. our next guest went to capitol hill and the white house today to do something about this. kristin, she is one of the co-founders of moms rising, an on-line group that add slow indicates for families. kristen, tell me about your group. you went to the hill today. you have a petition, and you got some teddy bears as...
238
238
Dec 5, 2012
12/12
by
FOXNEWSW
tv
eye 238
favorite 0
quote 0
he was going to talk a little bit about the fiscal cliff and that's something we've all been talking about recently, and what it means for us right now and the year ahead. we also have other business news. we'll get back to the president by the way if and when we get that feedback. he will be taking questions from the audience there of business leaders as gregg mentioned. elizabeth mcdonald ever the fox business network is standing by list toning some of what the president had to say about the economy. liz, can you place it in context about where our economy is right now. >> reporter: the president just now was placing it in the -- the economy in the broader context of what is going on in the world, mentioning asia, mentioning europe, and then he turned to what was the most important part of the speech, he started to speak and that is what is holding us back ironically is stuff that is going on in this town, and he also, the president also said, no one wants to get a deal done more than me. so he's trying to essentially give some encouragement to get the fiscal cliff deal talks ignit
he was going to talk a little bit about the fiscal cliff and that's something we've all been talking about recently, and what it means for us right now and the year ahead. we also have other business news. we'll get back to the president by the way if and when we get that feedback. he will be taking questions from the audience there of business leaders as gregg mentioned. elizabeth mcdonald ever the fox business network is standing by list toning some of what the president had to say about the...
222
222
tv
eye 222
favorite 0
quote 0
to avoid the fiscal cliff. >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: the speaker's plan would raise $800 billion in tax revenue. but does so without raising tax rates for top income earners. the president says that's unacceptable. >> we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> reporter: republicans, like rising star senator marco rubio, say raising taxes on the wealthy is the wrong approach. >> the tax increases he wants would fail to make even a small dent in the debt. it would hurt middle-class businesses and the people who work for them. >> reporter: so, that's the major holdup, taxes. republicans and democrats deeply divided. >> there's nothing going on privately that's not going on public. >> reporter: amidst the political posturing, there may actually be a chance for compromise on medicare. president obama says he's open to raising the age when seniors can start receiving benefits, from 65 to 67. according to one study, that would save almost $6 billion a year
to avoid the fiscal cliff. >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: the speaker's plan would raise $800 billion in tax revenue. but does so without raising tax rates for top income earners. the president says that's unacceptable. >> we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> reporter: republicans, like rising star senator marco rubio, say raising...
433
433
Dec 5, 2012
12/12
by
CNNW
tv
eye 433
favorite 0
quote 0
the reality is if nothing is done, if you cannot get together, you go over the fiscal cliff and taxes go up for everybody, correct? >> well, the president is going to get his revenue one way or the other. house republicans will do everything we can to minimize the damage to our economy. we know that by raising the rates on the top two brackets, as the president wants to do will cause middle income workers at least 2% off their paychecks, lose another 700,000 jobs. that's not something republicans are going to be part of. but the president obviously will get some rv new. there's nothing we can do to stop thachl it's written into current law. bottom line is that you can't solve this problem through revenue. and the president is not being serious. he is moving the goal post. he started out saying he wanted a, quote, unquote, balanced approach. the president will get some kind of revenue. i'm not voting for it, but he's going to get it anyway. the question is where are his spending deductions? >> you could avoid going off -- if we know, no matter what, taxes are going to go up. at this po
the reality is if nothing is done, if you cannot get together, you go over the fiscal cliff and taxes go up for everybody, correct? >> well, the president is going to get his revenue one way or the other. house republicans will do everything we can to minimize the damage to our economy. we know that by raising the rates on the top two brackets, as the president wants to do will cause middle income workers at least 2% off their paychecks, lose another 700,000 jobs. that's not something...
177
177
Dec 5, 2012
12/12
by
CURRENT
tv
eye 177
favorite 0
quote 0
cliff negotiations then then this afternoon he travels about 5. he will host house members, some of us of the white house press corps for the christmas reception, jay carney's briefing at 12:30. >> this is bill press show. >> good wednesday morning to all of you fellow americans and welcome to the "full-court press," your progressive morning show the only progressive morning show on national television, good to have you with us this morning and we will bring you up to date on what's happening, the little bit that's going on here in our nation's capitol, lots of talk not much action. rest of the news, most importantly give you a cans to sound off, take your call at 866-55-press, news on the media front this morning, word out that fox news has decided that they are going to put on the shelf karl rove and dick morris. no wonder, they are the biggest snakes in american politics plus they got everything wrong during campaign. so who would trust them about anything anymore? pretty bad. got to be pretty bad when you are too extreme for fox news. that and
cliff negotiations then then this afternoon he travels about 5. he will host house members, some of us of the white house press corps for the christmas reception, jay carney's briefing at 12:30. >> this is bill press show. >> good wednesday morning to all of you fellow americans and welcome to the "full-court press," your progressive morning show the only progressive morning show on national television, good to have you with us this morning and we will bring you up to date...
283
283
Dec 5, 2012
12/12
by
MSNBCW
tv
eye 283
favorite 0
quote 0
brzezinski, about the fiscal cliff. i'd love your take on it, what signal it sends to the rest of the world that we don't seem to be able to put our economic house in order. >> well, the way you put it, you give the answer. your answer is right. we look a little bit disorderly. indecisive, leaderless. that's a real problem. and that's a problem that concerns me particularly on foreign affairs. the presidency, not just president obama, but the presidency in recent years has lost some of the terrain that they used to dominate in the making of foreign policy. i think president obama has to make a serious effort to regain it because he lost some of it himself. >> lost terrain to congress or to whom? >> to congress and to the world. that is to say his capacity to take decisive actions has been limited by congressional intervention, by the influence of lobbies, by the sense that he gives good speeches, very good speeches, and he really understands the world, but the follow-through in terms of policy is somewhat not there. so
brzezinski, about the fiscal cliff. i'd love your take on it, what signal it sends to the rest of the world that we don't seem to be able to put our economic house in order. >> well, the way you put it, you give the answer. your answer is right. we look a little bit disorderly. indecisive, leaderless. that's a real problem. and that's a problem that concerns me particularly on foreign affairs. the presidency, not just president obama, but the presidency in recent years has lost some of...
218
218
Dec 5, 2012
12/12
by
CNNW
tv
eye 218
favorite 0
quote 0
they don't want to be in left in a position of being blamed for the fiscal cliff. you're seeing a division between house members and senate members. the reason for this is mainly over the 800 billion in new tax revenue. this was part of john boehner and plan. those tea party-backed conservatives say this is something that would help job growth. clearly what we're seeing here is republicans are not speaking with one voice. >> republicans should not be conceding that the federal government needs more money, negotiating with ourselves and treating the president's proposal like it's serious. >> we do agree that 8% of the american people are getting about 80% of this tax cut shouldn't have their taxes raised. my suggestion was let's take the one area we agree and take it off the table. >> but zoraida, as you saw there from the president earlier in that bloomberg interview, he is digging in, saying there can't be a deal unless upper income americans pay more. middle-class americans should get the bush era tax cut extension. is he not backing down from that at all. the pr
they don't want to be in left in a position of being blamed for the fiscal cliff. you're seeing a division between house members and senate members. the reason for this is mainly over the 800 billion in new tax revenue. this was part of john boehner and plan. those tea party-backed conservatives say this is something that would help job growth. clearly what we're seeing here is republicans are not speaking with one voice. >> republicans should not be conceding that the federal government...
285
285
tv
eye 285
favorite 0
quote 0
fiscal cliff. but right now they're miles apart and digging in their heels. president obama told bloomberg tv a deal is possible, but -- >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: that plan sent to the white house offers a total of $2.2 trillion in deficit reduction over the next decade. that includes $1.2 trillion in spending cuts and $800 billion in new tax revenue, but here's the key. no rate increases in the top 2% of taxpayers. that's non-negotiable for president obama. >> we're not going to be able to got a deal without it. >> reporter: the white house says the republicans' math just doesn't add up. >> it's magic beans and fairy dust. >> reporter: negotiations have reached a stalemate. >> there's nothing going on privately that is not going on publicly. >> reporter: there is no plan at this time for congressional leaders to meet with the president at the white house, and it doesn't sound like he's sending out invitations any time soon. >> i don't t
fiscal cliff. but right now they're miles apart and digging in their heels. president obama told bloomberg tv a deal is possible, but -- >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: that plan sent to the white house offers a total of $2.2 trillion in deficit reduction over the next decade. that includes $1.2 trillion in spending cuts and $800 billion in new tax revenue, but here's the key. no rate increases in the top 2% of taxpayers....
210
210
tv
eye 210
favorite 0
quote 0
and the fact is, this debate over the fiscal cliff, you have gone throuthis the exercise and trauma before. 1996 as chrman of the house ways and means committee. a center stageposition. what counsel could you give te spker, the repulican leads president who has set the conditions for not oly what must be met in order to avid the cliff, but ha st the parameters of thedebate and negotiation if there is to be one itself. >> wl, you remember very we thate had a very different white house. president clinton had decided that he was ing to try to work with th republicans. he brought in a new chief of staff the name of erskine bowles, and in that has popped up again. and he immediately called me and said to my here to work with you and that enabled us to do al of things that i don't think the republicans today can get done with this obama white house. lou:and are you and i in agreement th the republicans are not innear sufficiently strong position, not with the lack of taent, there are ome quesonsabou that but because of the lack f power of the leaers in the house and the role of the housen this n
and the fact is, this debate over the fiscal cliff, you have gone throuthis the exercise and trauma before. 1996 as chrman of the house ways and means committee. a center stageposition. what counsel could you give te spker, the repulican leads president who has set the conditions for not oly what must be met in order to avid the cliff, but ha st the parameters of thedebate and negotiation if there is to be one itself. >> wl, you remember very we thate had a very different white house....
294
294
Dec 4, 2012
12/12
by
CNNW
tv
eye 294
favorite 0
quote 0
and the fiscal cliff is negotiated, let's hope so, with some sort of solution. this issue is an issue for later in 2013 or maybe even in the second year of an obama administration, because the prospects of making it work now, michael, are slim to none. >> and so it goes on when it comes to israeli palestinian conflict. thanks so much. good to get your thoughts. aaron david miller from the woodrow wilson international center. good to chat with you. >>> the u.s. has fought a hard battle against terrorism over the years and its primary opponent has been recently al qaeda. now we are learning more about the activities of one of its affiliates, a dangerous one in yemen. we'll have a live report. do stay with us. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is goi
and the fiscal cliff is negotiated, let's hope so, with some sort of solution. this issue is an issue for later in 2013 or maybe even in the second year of an obama administration, because the prospects of making it work now, michael, are slim to none. >> and so it goes on when it comes to israeli palestinian conflict. thanks so much. good to get your thoughts. aaron david miller from the woodrow wilson international center. good to chat with you. >>> the u.s. has fought a hard...